Square vs Bluevine
Visit Site | Visit Site | |
Square | Bluevine | |
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Square Reader: Free Mobile Credit Card Reader - | Free Business Checking - Up to 2.0% APY - | |
Benefits and Features | ||
Savings | No savings account, but you add 5 free sub accounts | |
Checking | 4.25% APY for Premier customers, 3.0% APY for Plus customers, 2.0% APY for Bluevine Standard tier customers. No monthly fees, no balance requirements, and no overdraft fees for Bluevine Standard | |
Monthly Fee | Standard tier: $0 per month Plus Tier: $30 per month (can be waived with $20k average daily balance and $2k debit card spend) Premier tier: $95 per month (can be waived with $100k average daily balance and $5k debit card spend) | |
Equipment | Free magstripe card reader; $59 for contactless + chip reader; Stand, Terminal, and Register available for purchase. | |
Cash Deposit Fee | $4.95 per deposit at Green Dot locations or $1 + 0.5% of the deposit amount at Allpoint+ ATMs | |
Customer Service | Phone, Email, Live Chat Support, Seller Community | Phone and email: Monday - Friday. 8 am to 8 pm EST |
Fraud Prevention Tools | ||
Invoice Management | ||
Recurring Billing | ||
CreditDonkey® Reviews | ||
Price | ||
Equipment | ||
Contract | ||
Customer Service | ||
Ecommerce | ||
High Volume Business | ||
Low Volume Business | ||
Checking | ||
Fees | ||
Mobile App | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | Good credit card processor for low-volume businesses... | Free account with interest for basic business checking needs... |
Visit Site | Visit Site | |
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Square Reader: Free Mobile Credit Card Reader
- Pay 2.6% + 10¢ Per Swipe for Visa, Mastercard, Discover, and American Express
- Accept Credit Cards Anywhere
- Fast Setup, No Commitments
Square Contactless and Chip Card Reader
- Pay 2.6% + 10¢ per tap or dip for Visa, Mastercard, Discover, and American Express
- Accept Chip Cards and Contactless Payments Anywhere
Square POS: Point of Sale System
- Advanced analytics and insights
- Inventory and customer management
- Track employee time cards and grant permission levels
Free Business Checking - Up to 2.0% APY
- 2.0% APY on your balance up to $250,000 for customers that meet monthly eligibility requirements
- $0 minimum opening deposit
- $0 monthly service fee
Free Business Checking - Up to 2.0% APY
- 2.0% APY on balances up to $250,000 for eligible customers
- Unlimited transactions
- 5 free subaccounts with unique account numbers
- 2 free checkbooks per year
- $0 monthly service fee
Premier Business Checking - Up to 4.25% APY
- 4.25% APY on balances up to $3,000,000
- $0 minimum opening deposit
- 50% off most Standard payment fees
- Priority customer support
- Waive the $95 monthly service fee with $100k average daily balance and $5k debit card spend